Regulation of Fuels and Fuel Additives: Renewable Fuel Standard ...
Regulation of Fuels and Fuel Additives: Renewable Fuel Standard ...
Regulation of Fuels and Fuel Additives: Renewable Fuel Standard ...
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company name <strong>and</strong> address; facility name(s) <strong>and</strong> address(es); <strong>and</strong> a contact person’s<br />
name, phone number <strong>and</strong> e-mail address. Any party who is not currently registered with<br />
us would have to submit registration forms. We will issue a 4-digit company<br />
identification number <strong>and</strong>, for each facility registered, a 5-digit facility identification<br />
number. If a party becomes subject to this proposed regulation after the effective date,<br />
then we propose that they must register with us <strong>and</strong> receive their EPA-issued company<br />
<strong>and</strong> facility identification numbers prior to generating or holding any RINs.<br />
We also propose that small volume domestic producers <strong>of</strong> renewable fuels, those<br />
who produce less than 10,000 gallons per year, be allowed to remain unregistered. This<br />
proposed provision would free them from recordkeeping <strong>and</strong> reporting requirements, but<br />
it would also preclude them from generating RINs.<br />
2. Reporting<br />
<strong>Renewable</strong> fuel producers <strong>and</strong> importers would be required to submit three<br />
different annual reports by February 28, reflecting activity during the previous calendar<br />
year. The first report would be an annual report that reflects the generation <strong>of</strong> RINs.<br />
This report would identify each batch <strong>of</strong> renewable fuel produced or imported during the<br />
previous year <strong>and</strong> the RINs generated for each batch. This annual report would provide<br />
information about the production date, renewable fuel type <strong>and</strong> volume <strong>of</strong> renewable fuel<br />
produced or imported. For specific information about how RINs are actually generated,<br />
please refer to the discussion in Section III.D.2 <strong>of</strong> this preamble.<br />
Like any <strong>of</strong> the parties who can own RINs, a renewable fuel producer would also<br />
have to submit a second type <strong>of</strong> report detailing transactional information regarding<br />
RINs. This report would list the RINs which they own at the end <strong>of</strong> the reporting period<br />
as well as any RINs they have acquired from other parties or have transferred to other<br />
parties, identifying which parties took part in the transfer. This report would be similar to<br />
the transaction report described below required <strong>of</strong> RIN owners who are not obligated<br />
parties, exporters, or producers <strong>of</strong> renewable fuels.<br />
Finally, each producer or importer <strong>of</strong> renewable fuel would be required to submit<br />
a third annual report summarizing RIN activities for the previous year. This report would<br />
include the total number <strong>of</strong> RINs generated, owned, transferred, <strong>and</strong> expired.<br />
All reports would have to be signed <strong>and</strong> certified as true <strong>and</strong> correct by a<br />
responsible corporate <strong>of</strong>ficer. This can be done electronically. As discussed above, we<br />
plan to utilize a highly simplified electronic method <strong>of</strong> reporting via the Agency’s Central<br />
Data Exchange that is secure, provides encryption <strong>and</strong> reliable electronic signatures, <strong>and</strong><br />
that permits generation <strong>of</strong> reports in the submitter’s choice <strong>of</strong> simple comma delimited<br />
text or commercially available spreadsheet packages.<br />
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